What Taxes Are Deducted from My Staking Rewards?
Under the prevailing tax rules, two deductions are taken from your gross staking rewards before they reach you: TDS (Tax Deducted at Source) and VAT (Value Added Tax / PPN). At the current rates these are TDS at 5% and VAT at 0.11%, both applied to the gross daily reward during the accrual calculation rather than at payout. So the amount you see accumulate, and the net reward distributed every Tuesday, is already after tax — there is no further deduction at distribution. Pluang withholds these amounts and remits them to the Indonesian tax authority (DJP) on your behalf. The rates apply uniformly to all users, and because tax rules can change, treat the percentages as current figures set by regulation.
| Tax | Rate | Applied to |
|---|---|---|
| TDS (Pajak Penghasilan Final) | 5% | Gross daily reward |
| VAT / PPN | 0.11% | Gross daily reward |
| Net reward | = Gross − TDS − VAT | |
Related questions:
Q: Do I need to report staking rewards on my personal tax return?
Pluang deducts and remits TDS and VAT to DJP on your behalf. Whether you also need to report the income depends on your personal tax situation — consult a tax professional for guidance.
Q: Is the APY shown in the app before or after tax?
Before tax. The APR or APY shown is a gross figure; your take-home after TDS 5% and VAT 0.11% is slightly lower. Any rate is also an estimate, not a guaranteed return.
Q: Are the tax rates on staking rewards the same for all users?
Yes. The same rates apply to every user regardless of account type. Account tier can affect your reward rate, not the tax deducted.
Q: Does Pluang provide a tax certificate for staking rewards?
Not at present. Your weekly distribution entries in transaction history serve as a record of reward income received; keep your own record for personal reporting.
Q: Could the staking-reward tax rates change in future?
Yes. The rates are set by prevailing regulation and can be revised. Read 5% TDS and 0.11% VAT as current figures, and check the in-app disclosures for the rates in force.